Finance Model Validation Quantitative Analyst - Firmwide Risk Models

India

Risk

Group Functions

• *Job Reference \#**

332581BR

• *City**

Mumbai

• *Job Type**

Full Time

• *Your role**

Are you an innovative thinker who likes to challenge the status quo? Are you interested in risk modelling? Are you wondering where the limitations of a model are?

We are looking for a Model Validator to

• assess the conceptual soundness and methodology of models
• check appropriateness of assumptions, parameters, model calibrations, qualitative or expert adjustments, etc.
• review outcome, impact, or benchmark analyses and develop a benchmark model (as appropriate)
• assess model risk, including model robustness analysis, identification of limitations, and their assessment
• document the assessment to the required standards
• collaborate with model developers and communicate with key stakeholders across the bank

• *Your Career Comeback**

We are open to applications from career returners. Find out more about our program on ubs.com/careercomeback.

• *Your team**

You will work within the Model Risk Management \& Control function of the Group Chief Risk Officer organization, as part of the Firmwide Risk Models Validation team. Our role is to understand, assess, and challenge the risks associated with the use of models across the firm.

• *Your expertise**

You have

• strong quantitative analytic and modelling skills
• solid computing and programming (coding) skills and experience utilizing programming languages such as R or Python
• good knowledge of econometric models used for forecasting macroeconomics and financial variables (ARIMA, VAR, ECM, PCA, etc.)
• master’s or PhD degree in a quantitative field (e.g. econometrics, financial economics, financial maths, statistics, engineering, physics, mathematics) and preferably a few years of experience in risk modelling, model validation or related fields
• proven project management skills, taking end\-to\-end responsibility regarding quality and deadlines as well as timely escalating of issues
• strong communication and writing skills and the ability to explain technical topics clearly and intuitively, both written and orally
• you’re curious to explore how AI can improve how we build, deliver, and optimize workflows. You do this with sound judgment – validating outputs and aligning with policies, risk standards, and ethical use.

• *About us**

UBS is a leading and truly global wealth manager and the leading universal bank in Switzerland. We also provide diversified asset management solutions and focused investment banking capabilities. Headquartered in Zurich, Switzerland, UBS is present in more than 50 markets around the globe.

We know that great work is never done alone. That’s why we place collaboration at the heart of everything we do. Because together, we’re more than ourselves. Want to find out more? Visit ubs.com/careers.

• *Join us**

At UBS, we know that it's our people, with their diverse skills, experiences and backgrounds, who drive our ongoing success. We’re dedicated to our craft and passionate about putting our people first, with new challenges, a supportive team, opportunities to grow and flexible working options when possible. Our inclusive culture brings out the best in our employees, wherever they are on their career journey. And we use artificial intelligence (AI) to work smarter and more efficiently. We also recognize that great work is never done alone. That’s why collaboration is at the heart of everything we do. Because together, we’re more than ourselves.

We’re committed to disability inclusion and if you need reasonable accommodation/adjustments throughout our recruitment process, you can always contact us.

• *Contact Details**

UBS Business Solutions SA

UBS Recruiting

• *Disclaimer / Policy statements**

UBS is an Equal Opportunity Employer. We respect and seek to empower each individual and support the diverse cultures, perspectives, skills and experiences within our workforce.